Jim - it's obvious that we hit rock bottom during the last month. Hard to believe when one looks at the gold & antimony assay results we've been getting - imagine Silverado in 2008 has drilled holes extending more than 2 miles in length - some extending about 400 feet deep.

Cooky has confirmed that Silverado's yr. end is Nov 30 & the Pre-Feasibility Study is supposed to be completed by this date. That translates into a Pre-Production Report & Tom Bundzten , a well known independent geologist is deeply involved - requires tremendous time & effort to co-ordinate all the given facts. The Soloman Shear Trend extends about 5 miles & most of the results so far are only on a small portion of the Nolan 12 sq. mile property. Four rich gold antimony veins have already been identified - who knows how far they will actually extend? The Antimony is a tremendous bonus for us - there has been no U.S. production on U.S. land for the last 7-8 yrs.

There is no doubt in my mind that Silverado wants all its ducks lined up before the Dec. 9th shareholders' meeting - it makes perfect sense. I have no specifics on the results but am excited & confident we will all be very pleased. Finally, after all these years of hard preparation, it is finally going to pay off. Gold will certainly rise in value over the ensuing months as the world economies continue to deteriorate - throwing taxpayers money at failing, inept companies isn't going to solve the problem - it will only exacerbate them! 4 weeks to-morrow is our meeting - still think a lot will happen before then!

Regards, Fastfoot.